561 Bridgeway Way Sausalito, CA 94965
This exceptional 8-unit mixed-use building at 561 Bridgeway Way, Sausalito, CA 94965, presents a compelling investment opportunity. Boasting 5,492 square feet on a 0.11-acre lot, this historic property, built in 1897, offers a blend of residential and retail space. Currently enjoying 100% occupancy, the building comprises 8 units, with a mix of recently renovated apartments featuring new flooring, bathrooms, kitchens, and appliances. Its prime waterfront location in Sausalito places it amidst popular restaurants and shops, benefiting from high foot traffic and strong year-round tourism. The building's composition is approximately 70% residential and 30% retail, providing a balanced income stream. Situated just minutes from San Francisco across the Golden Gate Bridge, this property benefits from Sausalito's reputation as a world-renowned tourist destination and desirable residential area. The newer roof adds to the property's overall value and reduces immediate maintenance concerns. This is a rare chance to acquire a well-maintained, high-performing multifamily asset in a highly sought-after location. The asking price is $4,925,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.